Investigations and prosecutions of export violations are on the rise and penalties have increased significantly in the last several years - with fines often in the millions of dollars and imprisonment in criminal cases. Export markets offer significant sales opportunities for U.S. companies; however, exporters must take proactive steps to ensure compliance with U.S. export control regulations. As part of their mission to help promote U.S. exports, Saint Vincent College Small Business Development Center's Center for Global Competitiveness will present speakers from Export Procedures Company, U.S. Commercial Service, Cohen & Grigsby PC, Compliance Assurance LLC, U.S. Department of State DDTC, Azimuth Inc., Alcoa Inc., and UPS Management Services to talk about the new export control laws and how to comply with them on Tuesday and Wednesday, May 24 and 25. These trade compliance experts will provide critical information to companies engaging in export activities and help keep them from getting in trouble with federal authorities.
On May 24, breakout sessions will include Introduction to Export Compliance, Updating Your Compliance Program, Establishing an Export Compliance Program and Effectively Managing Controlled Technical Data. General and keynote presentations include AES Routed Export Transactions and Recordkeeping, the National Export Initiative and Export Control Reform Initiative.
On May 25, breakout sessions include License Preparation EAR, License Preparation ITAR, Agreement Preparation, Review and Implementation, License Exceptions EAR, License Exemptions ITAR and Export Screening in a Global Corporation. General and keynote sessions include Cargo Safety Initiatives and U.S. Customs, Protecting Your Company from Corporate Espionage and Audit Survival and Best Practices.
Jim Anzalone from Compliance Assurance has stated that there is a common misconception that export controls apply only to companies exporting high tech or licensable commodities. “This is simply not the case” Anzalone says. “Most non-military commodities fall under the scope of the Export Administration Regulations (EAR) and U.S. export controls affect the entire export community as controls apply to sanctioned countries, denied persons and entities, and certain end-uses. In addition, exporters of all commodities must comply with the Foreign Trade Regulations (FTR) and AES requirements”.
Registration is required. Seating is limited, so register soon. To register, call 724 537-4572, email sbdc@stvincent.edu, or register online at www.stvincent.edu/sbdc/educational.
Compliance Assurance LLC is a private consultancy firm specializing in global trade compliance solutions. The firm’s primary mission is to assure companies’ compliance with the federal regulations governing import and export trade activities. For more information on trade comlpiance and regulations, contact Jim Anzalone at (561) 641-5036 or via email at Jim@WeAreCompliant.com